“The Finnish economy is slowly coming out of a long recession and we expect the recovery to generate increased demand for this type of well-located quality office space. The portfolio also offers ample opportunity to add value through active asset management, so fits well with the investment strategy of Tristan’s Episo 4 Fund”, commented Daniel Harris at Tristan Capital Partners.
Episo will be working with Avant in respect of delivering and executing the business plan for the portfolio.
Krogerus Attorneys advised the Episo 4 Fund on the portfolio purchase.
Avant and Tristan Acquires Office Portfolio
Finland —
Avant Capital Partners, together with European Property Investors Special Opportunities 4 (Episo 4), the opportunistic fund advised by pan-European real estate investment manager Tristan Capital Partners, has acquired a 124,000 square meter portfolio of 15 offices located mainly in the greater Helsinki area, for EUR 130 million from Varma - the country’s largest pension fund with around EUR 3.7 billion in real estate assets under management. Varma will maintain a 19 percent interest in the portf
2016-12-29
Axel Ohlsson
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